India's Swiggy names Nandita Sinha as CEO of quick commerce arm Instamart (updated)

Eternal

28/07/2026 08:24

Adds details and background throughout
July 28 (Reuters) - India's Swiggy SWIG.NS said on Tuesday that it has appointed Nandita Sinha as its quick commerce arm Instamart's chief executive, effective August 3, after Amitesh Kumar Jha resigned. 
     The leadership rejig comes as competition intensifies in India's quick commerce sector, where companies are racing to expand dark store networks, improve delivery speeds, and capture the rapidly evolving $11.5-billion market.
Sinha is the former CEO of Indian fashion e-commerce firm Myntra and brings more than 20 years of leadership experience across companies such as Flipkart, Britannia BRIT.NS and Hindustan Unilever HLL.NS. 
Swiggy's investors have raised concerns about the slowing growth in Instamart and intensifying competition from Eternal's ETEA.NS Blinkit and IPO-bound Zepto.    
Amazon AMZN.O and Walmart's WMT.O IPO-bound Flipkart  have also been speeding up expansion of their quick commerce businesses in India, with a focus on smaller cities, as the  global giants compete in a sector dominated by domestic players.
Swiggy is set to report its first-quarter earnings on Thursday. 

 (Reporting by Urvi Dugar in Bengaluru; Editing by Sonia Cheema)
 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))